Major changes in Post Office Agents Commission

Decisions on the recommendations of the committee for comprehensive review of national small savings fund  (NSSF) by finance ministry in respect of commission to be paid to post office agents. Commission to Post Office Agents Payment of commission on PPF schemes (1%) and Senior Citizens Savings Scheme (0.5%) will be discontinued.

Agency commission under all other schemes (except MPKBY agents) will be reduced from existing 1% to 0.5%

Commission at existing rate of 4% will continue for Mahila Pradhan Kshetriya Bachat Yojana (MPKBY) agents.

Incentives, if any, paid by the State/UT Governments will be reduced from the commission paid by the Central Government